Yearly Archives: 2020

Crude Oil Tanker Market To Have A Long & Painful Recovery

The outlook for the global crude oil tanker market remains difficult for the near term, according to a new analysis from maritime research consultancy...

Seacon Orders Two Brand New Carriers to be Constructed

Chinese owner Seacon Shipping has placed an order at CSSC-affiliated Huangpu Wenchong Shipbuilding. The order is for the construction of two 85,000 dwt...

Tanker Demand in 2020: Way Below Expectation

Tankers had an exuberant end to 2019. The outlook for tankers in 2020 was universally promising. The expectations were for a rebound in refining...

Ocean Yield Announces Sale of Handysize Bulker

Norwegian owner Ocean Yield has announced the sale of its 2018-built 39,800 dwt handy bulker, reports Splash247. Vessel under long term charter  The vessel, La Loirais,...

Upcoming Regulation Updates in Relation To Ship Recycling

A Standard Club article provides an overview of some of the important international regulations that will enter into force in end-2020 and 2021, including...

MOL ‘Stands Tall’ in the World’s Most Valuable Fleet of LNG Carriers

An article in Riviera Maritime Media breaks down the 'Top five LNG carrier owners.' Mitsui OSK Lines Japan’s Mitsui OSK Lines (MOL) has the world’s most...

Rising Piracy Amid Pandemic Cause Great Concern for Sailors

Amidst the rising incidents of piracy among the world suffering from the global pandemic, the sea transport organization MUI said that it is a...

Bocomm Leasing Signs $600m Contract for Boxship Quartet

Chinese leasing house Bank of Communications Financial Leasing (Bocomm Leasing) has entered into shipbuilding contracts with CSSC-affiliated China Shipbuilding Trading, Jiangnan Shipyard and Hudong...

Blue Ammonia Value Chain Joint Feasibility Study

  Japanese firms study the possibility of producing and shipping blue ammonia produced in Russia, reports Argus Media. Blue ammonia production Backed by state-owned energy agency Jogmec,...

Is The Oxford Vaccine Effective Against The New Strain?

While the world is battling a new strain of coronavirus, experts have now turned their attention to making sure the existing vaccines work against...
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